You know you’ll make a mortgage payment every month when you buy a house, but do you know what goes into that mortgage payment? It’s more than just principal and interest, although that’s a big part Read More

If you are buying a home, it’s a good idea to get it inspected. The inspector will go through the home looking at every area to see if anything is wrong with the home. The inspector will create a Read More

When you apply for a purchase mortgage, the lender pulls your credit. That’s how they see what type of financial responsibility you have. If your credit score is too low, they won’t move forward with Read More

If you are thinking of applying for a mortgage soon, you need to know what types of income you can use to qualify. Just because you make money doesn’t mean you can use it for qualifying purposes. Read More

When you apply for a mortgage and go through the loan process, you’ll hear many terms thrown at you. One of those terms is ‘conditional loan approval.’ While the name sounds promising, since it has Read More

You have equity in your home and you need to tap into it, but what is the best way to do so? You have a couple of options including the cash-out refinance and HELOC (home equity line of credit). Both Read More

When you apply for a mortgage, your loan officer asks a lot of questions about your personal finances. One of those questions will have to do with your annual income. Lenders use this figure to Read More

A home equity line of credit (HELOC) isn’t the most suitable option for every borrower. HELOC loans give borrowers an easy and convenient way to tap into their home’s equity. However, there are also Read More